Brandy Betz for Seeking Alpha:
Bank of America Merrill Lynch says Apple’s App Store revenue showed slight acceleration on the quarter in Q3.
BofAML cites third-party data showing App Store revenue was up 18% in Q3 compared to the 17% growth in Q2.
Bank of America maintains a Buy rating and $230 PT.
MacDailyNews Take: Wait, Goldman Sachs analyst Rod Hall on Tuesday said that Apple’s App Store growth was slowing dramatically.
Now, a mere three days laterm we have conflicting data from another analyst, also based on “third-party data.”
Why does this seem like yet another attempt to induce AAPL churn?
Again, we’ll wait for Apple’s data over third party data, thanks.
Don’t you mean turd party?
More subscription services? Just say NO!!!